johnpaulca
12,036 posts
msg #93699
- Ignore johnpaulca |
6/10/2010 7:28:23 PM
There are four phases of day-trading.
The opening fade, the 9:30 reversal, the lunch break and the 1 pm professional period.
The opening fade is the most reliable of the 4 day trade periods.
Look for the fade to
1. Make a 3-5 day high on the daily charts.
2. Hit some key level on the daily charts (ie 10, 20, 50, 100, or 200 day MA).
3. Hit a swing high intraday.
4. Hit a pivot point intraday.
You will be surprised how often these signals occur at the same time.
Source: Market Direction
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johnpaulca
12,036 posts
msg #93711
- Ignore johnpaulca |
6/11/2010 8:41:46 AM
$DJI....we could have a buy signal today.
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Eman93
4,750 posts
msg #93712
- Ignore Eman93 |
6/11/2010 8:42:18 AM
Long some TZA at 7.50 stop at 7.45
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Eman93
4,750 posts
msg #93713
- Ignore Eman93 |
6/11/2010 8:48:49 AM
Edit that I thought the picot was 7.48 its 7.45 so will buy a bit more at 7.45 with a stop at 7.40
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Eman93
4,750 posts
msg #93720
- Ignore Eman93 |
6/11/2010 10:01:33 AM
sold TZA at 7.49 did not re buy yet
we ripped through rut 640 wait for a re test to go long?
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Eman93
4,750 posts
msg #93721
- Ignore Eman93 |
6/11/2010 10:20:55 AM
we filled that gap..... I expected a a bit more of a drop to RUT 630 then fill the gap....
A retest at RUT 640 and will pick up some longs.
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johnpaulca
12,036 posts
msg #93722
- Ignore johnpaulca |
6/11/2010 10:24:47 AM
I'm looking for DJI close above lower BB(200,0.45) on the 60-min chart.
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Eman93
4,750 posts
msg #93725
- Ignore Eman93 |
6/11/2010 11:13:49 AM
Long some IWM at 64.05
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Eman93
4,750 posts
msg #93727
- Ignore Eman93 |
6/11/2010 11:46:55 AM
In some sso at 35.65
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Eman93
4,750 posts
msg #93728
- Ignore Eman93 |
6/11/2010 12:33:02 PM
Noon swoon.... thinking of adding to SSO
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